A venture capital firm, collaborating with major corporations and R&D institutions on technology innovation, to build new companies.

About Us

With 20 years of experience, our team has founded and funded more than 60 ventures sourced from some of the world's great technology companies. We began as the venture capital arm of Lucent's renowned Bell Labs in the mid-90's and became an independent venture firm in 2001.

We invest in new ventures with proprietary technology. We take an active role in identifying candidate technologies, building great management teams and developing partnerships with major corporations.

Corporations that invest heavily in R&D often lack channels to market for the opportunities they create. Strategic and financial rewards from commercializing innovations through venturing are often missed. Expertise and capital are needed.

New Venture Partners establishes close, long-term relationships with global technology corporations and other institutions to commercialize their technologies. We seek to leverage the corporate ecosystem to generate financial returns for the corporation and commercial advantage for the new venture.

Our Team

Our founding team has been together for nearly 20 years of venture capital investing in concert with major global corporations.We are supported by a strategic advisory board of executives, academics, and statesmen.

Celiant

Celiant Corporation (Celiant) designed, manufactured and sold power amplifiers and base station subsystems for 2G and 3G wireless systems. These power amplifiers resided in the base stations of mobile communication installations, enabling adequate signal strength to be transmitted for reception by mobile handsets.

GainSpan

GainSpan develops Wi-Fi semiconductor and software solutions that deliver the convenience, security and manageability benefits of Wi-Fi, along with 5-10 years of battery life needed for applications such as temperature monitoring for energy management, condition monitoring of industrial equipment, or street lighting for metro areas. Investors include Intel Capital, New Venture Partners, OVP Venture Partners and Sigma Partners.

AetherPal

AetherPal is transforming the support experience for mobile device customers. The world’s most respected mobile operators and device OEMs rely upon AetherPal’s Smart Care™ products to engage directly and authentically with customers to quickly resolve issues, augment device performance and improve productivity, resulting in satisfied customers, fewer device returns, and lower support costs.

The Smart Care™ suite supports all major mobile and computer platforms. Powered by in-house developed patent-pending algorithms, we differentiate ourselves as a faster, lighter and more secure solution to remotely manage smart devices utilizing real-time data while ensuring complete user privacy. These characteristics of our products allow us to deliver a superior experience resulting in increased brand loyalty and fewer device returns while significantly reducing support costs.

AetherPal Inc., backed by leading venture capital firms, is based in New Jersey near New York City with offices in Chennai, India.

BLiNQ Networks

BLiNQ Networks is the leading developer of intelligent non-line-of sight (NLOS) wireless backhaul systems for compact base stations that enable wireless carriers to address the growth in demand for capacity. As wireless carriers increase the density of cell sites by deploying compact base stations that improve the capacity of wireless networks, operators will need cost-effective and intelligent backhaul systems to transport data to the core network. BLiNQ’s NLOS backhaul product is a point to multi-point backhaul network deployed in a cluster configuration in urban or suburban areas operating in licensed spectrum bands, such as 2.3/2.5/2.6 GHz or 3.5 GHz TDD bands.

Brisbane Materials

Brisbane Materials aims to be the leading supplier of anti-reflective and anti-soiling coatings for solar and other applications. Born out of the University of Queensland in 2005, Brisbane Materials builds on six years and significant investment in technology and application experience. Longer term, Brisbane Materials will extend its unique room temperature and atmospheric pressure synthesis of glass and ceramic coatings to a wide variety of materials systems and applications.

Everspin

Everspin Technologies is the global leader in developing and manufacturing magnetic-based memory (MRAM). With roots in Freescale Semiconductor, Everspin is now an independent company backed by prominent venture capital firms. A growing number of leading corporations have adopted Everspin MRAM to enable their most advanced products.

“Freescale was looking for the right investment partner to commercialize a breakthrough technology that had continuing strategic importance for them. New Venture Partners negotiated an entire set of agreements for the spinout of our business and for our ongoing manufacturing and sales partnership with Freescale, and led the syndication with other venture investors. We now have a thriving independent venture and a strong strategic relationship with Freescale. ” -Saied Tehrani, Founder and COO, Everspin Technologies

GainSpan

GainSpan develops Wi-Fi semiconductor and software solutions that deliver the convenience, security and manageability benefits of Wi-Fi, along with 5-10 years of battery life needed for applications such as temperature monitoring for energy management, condition monitoring of industrial equipment, or street lighting for metro areas. Investors include Intel Capital, New Venture Partners, OVP Venture Partners and Sigma Partners.

ICRTec

An engine alternative that North America needs – now.

The ICR350 is cleaner burning and more cost effective than the best diesel engines today. It emits less than one-eighth of the NOX/particulate emissions allowed under EPA 2010 regulations with better fuel economy and lower greenhouse gas (GHG) emissions than diesels.

“ICRTec owns the alternative to traditional diesel power – an innovative, fuel efficient, low emission and fuel flexible gas turbine engine that competes in the North American $14 billion diesel engine market. ”

Novinda

Novinda has developed a proprietary technology that effectively removes mercury from post combustion gases of coal fired power plants. Proposed 2011 federal regulation, in addition to existing state regulations, requires the removal of a large portion of mercury, which is toxic to humans. Removal is accomplished with the injection into the furnace flue ducts of a solid sorbent material based on naturally occurring clays. Unlike the principal alternative, activated carbon, Novinda’s sorbent allows resale of fly ash, a solid combustion byproduct, as a component of concrete. This is both environmentally safer and an economic advantage for the power utility. The company is introducing its product to the utility market this year. Novinda is based in Denver, CO.

NVMdurance

NVMdurance delivers via software, a set of NAND Flash optimization techniques developed over the past 13 years by technical co-founders Joe Sullivan and Conor Ryan. These have the effect of greatly extending the endurance (lifespan) of Solid State Disks (SSDs), and thus overcoming a major issue (limited endurance) that is delaying the storage industry’s transition from spinning magnetic (hard) disks to SSDs, particularly for server/enterprise storage.

We know from our engagement with major SSD manufacturers and Flash foundries that the results routinely achieving are significantly ahead of any in-house or competitive approaches to endurance improvement. At Flash Memory Summit 2013, NVMdurance won Most Innovative Technology after demonstrating endurance improvements greater than tenfold. NVMdurance achieves higher levels of improvement with the newer smaller geometry devices, many of which have major endurance challenges.

“Ironically, two of the more popular innovators at the event were in a small booth at the back of the show floor. Conor Ryan and Joe Sullivan of the two-month-old startup NVMdurance won a best of show award for their 10-fold increase in flash endurance — an Achilles’ heel of the otherwise hot memory chips. ” -Rick Merritt, EETimes.com, August 2013

Vasona Networks

@Road

Provider of mobile resource management services that allow enterprise customers to improve productivity by enabling the management of the activities of their mobile workers and assets and their goods and services.

In February 2005, @Road (NASDAQ: ARDI) acquired Vidus Ltd., a private company whose investors included New Venture Partners.

Airclic

AirClic, headquartered in Trevose, Pennsylvaniais, is the leading provider of mobile supply chain software products that enable large and medium sized enterprises to efficiently manage the activities of mobile workers. The company’s product solutions are focused on providing customers with proof of delivery, chain of custody and asset tracking features and functionality. Key industry verticals include document storage, health care, food distribution and package delivery. The company’s products offer work flow management, mobile forms, bar code scanning, signature capture and location based services. The company’s go-to-market strategy includes direct sales to large enterprises and working with channel partners on middle market enterprises.

Airclic was acquired by Descartes Systems Group for approximately US $29.7 million. Airclic’s investors included JMI Equity, New Venture Partners and Zon Capital Partners. Canaccord Genuity Inc. acted as financial advisor to Airclic.

Andrew

Designs and manufactures RF subsystem solutions for wireless, fixed-line, broadband service providers and broadcasters worldwide. In June 2002, Andrew (NASDAQ: ANDW) acquired Celiant Corporation, a private company whose investors included New Venture Partners and Pequot Capital.

“The New Venture Partners team was key to the success of Celiant at every stage in its lifecycle from the identification of the opportunity within Lucent’s Wireless business unit though the successful sale to Andrew Corporation in 2002. They supported us at every turn with everything from business plan development, to negotiating the IP and asset transfers from Lucent, smoothly transferring over 100 employees from Lucent, structuring OEM supply and contract manufacturing agreements with Lucent, to securing the growth funding Celiant needed to execute its business plan. New Venture Partners understands how to partner with large technology corporations and venture management teams and create win-win scenarios for all involved. ” -Ralph Faison, Co-founder and CEO, Celiant & former CEO, Andrew Corp.

Alverix

Producer of handheld Point of Care (POC) diagnostic devices with the accuracy and precision of laboratory instrumentation. Partners with diagnostic and OEM manufacturers seeking to increase current test accuracy, improve the portability of existing tests, or develop new assays for use in physician offices, laboratory outreach locations, retail clinics, and patient homes. Investors included New Venture Partners and Safeguard Scientific.

Celiant

Developer of power amplifiers and base station subsystems for 2G and 3G wireless systems. In June 2002, Andrew Corporation (NASDAQ: ANDW) acquired Celiant, a private company whose investors included New Venture Partners and Pequot Capital.

“The New Venture Partners team was key to the success of Celiant at every stage in its lifecycle from finding the opportunity within Lucent’s Wireless business unit though our successful exit. They supported us at every turn with everything from business plan development, to negotiating the IP and asset transfers from Lucent, to smoothly transferring over 100 employees from Lucent, to structuring OEM supply and contract manufacturing agreements with Lucent, to securing the growth capital Celiant needed to execute its business plan. New Venture Partners understands how to partner with large technology corporations and venture management teams and create win-win scenarios for all involved.” -Ralph Faison, Co-founder and CEO, Celiant & former CEO, Andrew Corp.

“We have been working closely with New Venture Partners since before DAFCA was DAFCA, and greatly appreciate their sharp business acumen, customer-centric focus and moral support. We began life as a fragile slide show with lots of holes; today we have a substantial company with a unique value proposition. New Venture Partners has been with us every step of the way.” -Peter Levin, CEO, DAFCA

Elemedia

Pioneering provider of software components, applications and platforms for VoIP application developers and large service providers. In June 1999, Lucent Technologies Inc. acquired Elemedia.

“The New Venture Partners team collaborated with me and many other Bell Labs researchers to create an exciting alternative path for commercialization of disruptive ideas. In my case Lucent had other priorities that prevented them from committing the resources to realize my vision. Working with the New Venture Partners team to develop the business strategy and plan, we were able to spin Flarion Technologies out of Lucent with funding from a strong group of venture capitalists. Over the years we raised more than $150M to commercialize our technology. Ultimately, Qualcomm acquired Flarion for more than $800 million. ” -Rajiv Laroia, Founder and CTO, Flarion

GeoVideo Networks

Full-service provider of video communications services and solutions. In June 2001, Wire One Technologies, Inc. (NASDAQ: WONE) acquired GeoVideo Networks, Inc., a private company whose investors included Crest Communications, East River Ventures, New Venture Partners and Thomas Weisel Partners.

GlobalCast

Provider of reliable multicast software that delivers solutions and integration services to service providers and public and private network operators. In June 1998, Talarian Corporation acquired GlobalCast Communications, a private company whose investors included Draper Richards, Innovacom, Labrador Ventures, and Sofinnova among others.

iBiquity Digital

iBiquity Digital develops AM and FM broadcast technology that transforms today’s radio from analog to digital, with radically improved sound and new wireless data services. iBiquity was created in August 2000 by the merger of Lucent Digital Radio and USA Digital Radio. Current investors include 14 top radio U.S. radio broadcasters, including ABC, Clear Channel and Viacom; as well as venture capital firms such as Grotech Capital, J.P. Morgan Partners, New Venture Partners and Pequot Capital.

“Since the late 1990s, the New Venture Partners’ team has been instrumental in evolving iBiquity Digital to the successful, market-changing company that it is today. Their operational guidance and insight with strategic industry partnerships has helped iBiquity bring digital HD Radio technology to AM and FM stations across the country. ” -Robert J. Struble, President & CEO, iBiquity Digital

“The New Venture Partners’ team provided unique vision and ingenuity to combine a spin-out from Maxim Integrated Products with start-up Intelleflex, creating the clear market leader in Class 3 RFID. Their support has been instrumental in facilitating the deal and realizing the full value for all parties involved. ” -Peter Mehring, President & CEO, Intelleflex

“My team and I in Bell Labs were pursuing a vision that we passionately believed in, but it didn’t really fit with Lucent’s technology or product strategy at the time. The New Venture Partners team recognized the opportunity and worked closely with us to sharpen the initial business strategy. Then they were instrumental helping us get our team, our lab, and our core IP out of Lucent and bringing in other strong financial backers behind us. New Venture Partners continued to support us through the telecom bust years all the way to our successful exit. ” -Martin Nuss, Founder and CTO, Internet Photonics

ISPsoft

Highly scalable OSS solutions to carriers, enterprises and service providers enabling end-to-end real-time activation of a wide variety of services including VPNs, QoS and broadband across multi-vendor networks. In January 2002, DSET (NASDAQ: DSET) merged with ISPSoft, a private company whose investors included New Venture Partners, Signal Lake Ventures and SGM Capital.

Liquavista

Liquavista develops groundbreaking display technology for mobile devices that offers bright, beautiful color even in direct sunlight with video speed and ultra-low power consumption. Investors included Amadeus Capital Partners, GIMV and New Venture Partners among others. Liquavista was acquired by Samsung Electronics in Dec 2010 for an undisclosed amount. Then in May 2013, Amazon.com acquired Liquavista.

“Even though it was only at a lab stage, the team from New Venture Partners grasped the potential business opportunity created by a talented pair of Philips researchers in Holland. Since that day, New Venture Partners has been a trusted partner to original Philips inventors, the Philips corporate team, and to me who they recruited in as CEO while Liquavista was being seed-funded inside Philips Research. Insight, guidance and support from New Venture Partners helped make Philips researchers into Liquavista entrepreneurs. Most importantly, they ensured that a technological breakthrough, though not strategic to Philips at the time, has evolved into a rapidly growing, independent global company. ” -Mark Gostick, CEO, Liquavista

“The New Venture Partners team has been instrumental to Lumeta since day one — when they helped us develop a business plan and launch the company — through today. They provide great counsel as active Board members, play a lead role in recruiting and hiring senior management for Lumeta, and make strategic customer and partner introductions. ”-Dave Hickey, CEO, Lumeta

Maps on Us

Maps on Us was created by the Database Systems Research Department at Bell Labs, the research and development arm of Lucent Technologies. The service uses advanced algorithms that minimize the large amount of data processing involved in searching a database. The Maps on Us database uses customized technology to match listings to their geographic locations, and provides unique mechanisms for offering long distance, door-to-door driving directions. This allows Maps on Us users, for example, to get turn-by-turn driving directions to a new restaurant in a distant city, or to print out a detailed map of their area, marking business locations and suggested routes to a particular destination.

“Lucent has capitalized on the tremendous resources of the Bell Labs community in bringing innovative products, such as Maps on Us, to the Web market,” said Tom Uhlman, then president of Lucent’s New Ventures Group. “Switchboard is the premier Internet directory service and now they have taken another critical step in ensuring that their users have the best-of-breed mapping technology. Maps on Us extends the Switchboard service into an even greater one- stop resource for people who want to know where something or someone is and how to get there.”

MapsOnUs provides advanced mapping and driving directions throughout the United States. In May 1998, Switchboard Inc., the majority-owned Internet directory service subsidiary of Banyan Systems Incorporated (NASDAQ:BNYN), acquired the assets, technology, and Web site of Maps On Us from Lucent Technologies.

NextG Networks

NextG Networks is a facilities-based telecommunications carrier that deploys distributed, low-power access networks in communities across the United States. Investors in NextG included Gabriel Venture Partners, New Venture Partners and Oak Investment Partners.

“You can count in New Venture Partners to roll up their sleeves and tackle a problem with you.” – John Georges, PhD, former CEO, NextG Networks

In April 2012, NextG Networks was acquired by Crown Castle.

Own

Own Products is leveraging a number of natural technologies allowing for the formulation of natural-based, effective skin care products in anti-aging, anti-acne, and suncare. Own has a strong, experienced brand leadership team who will build markets through direct and retail channels.

Palladium (Lucent Public Safety Systems)

Providers of an integrated set of products and services that help public safety agencies respond more quickly and efficiently to E911 calls, including software for telephone network switches, caller location databases, E911 call answering equipment, computer-aided dispatch systems, and records management systems. In May 2001, SCC Communications Corp. acquired Lucent Public Safety Systems, and was renamed Intrado (NASDAQ: TRDO).

Procelerate Technologies

Procelerate Technologies produces software that enables manufacturing teams real-time management and execution of product development processes, resulting in better knowledge capture, improved processes and faster time to market. Investors included New Venture Partners, among others.

PsyTechnics

Psytechnics makes innovative software for measuring and monitoring voice and video quality in communications networks for Voice OVer IP, IPTV, mobile communications and other services. Investors included 3i, British Telecom, GIMV and New Venture Partners.

“Psytechnics was originally a spinout from the labs of BT. The New Venture Partners team has played a critical role in supporting our relationship with BT as an ongoing developer and licensor of intellectual property, as well as a customer of our products. Along with our other VC investors, 3i and GIMV, New Venture Partners remains active on our board and as a follow-on investor, in particular, helping with high-level introductions in the industry. ” -Anthony Finbow, CEO, Psytechnics

Real Time Content

Real Time Content empowers digital content and brand owners to deliver video that dynamically changes to specifically match the interests of individual viewers in real time, maximizing the power and performance of every online experience. Investors included British Telecom and New Venture Partners.

“New Venture Partners is an active investor in Real Time Content. As engaged board members, New Venture Partners provides solid business insight and plays an influential role in strategy development as well as helping us execute our plan. ”-Tom Quinn, CEO, Real Time Content

SavaJe Technologies

Advanced operating system software for next generation handhelds and wireless devices supporting the full range of Java APIs, from MIDP to Java 2 Standard Edition (J2SE). In April 2007, Sun Microsystems acquired SavaJe, a private company whose investors included New Venture Partners, Investcorp, Orange, Ridgewood Capital, RRE Ventures, T-Mobile, VantagePoint, and Vodafone.

ShopWell

ShopWell is a consumer food information website that uses nutritional algorithms and expert crowd sourcing from registered dietitians to deliver the only personalized nutrition/food resource in the market. ShopWell delivers customized product scores, personalized nutrition labels and easy-to-understand nutrition information for products based on how well they meet an individual’s unique needs. ShopWell’s mission is to make healthy eating simple.

“It’s been a pleasure and real benefit to have New Venture Partners as an investor. They’ve brought invaluable industry experience and a network of relevant contacts to help us across strategic issues, financial needs and business development.”-Atul Sinha, Co-founder & CEO, Silicon Hive

Subex

Subex is one of the world’s top providers of operational support systems (OSS) to global telecom operators, with industry leading solutions in revenue maximization and service fulfillment and assurance. The company is publicly traded.

“Originally at Vidus and again now at AirVersent, the New Venture Partners network of contacts is hugely valuable to me as CTO in helping identify and progress strategic technology partnerships. As CTO and a founder of Vidus, New Venture Partners provided great support and their credibility helped us build out the management team with strong experienced players. ”-Pól Sweeney, Co-Founder & CTO, Vidus and CTO, Airversant

VPI Systems

VPI Systems provides carriers with intelligent analytics, planning and management capabilities to maximize the value of network resources. VPI Systems’ products enable network operators to launch new services, devices and applications while understanding the impact on the network. VPI Systems’ mobile analytics and capacity management products allow mobile service providers to make real-time business decisions.

Industry Recognition

News

Portfolio News

NVMDurance Ltd., with its approach to extending the endurance of flash devices and enabling 3D NAND, has announced that patent number 9,569,120 developed by Joe Sullivan and Conor Ryan, both of Limerick, Ireland, has been granted in the USA for… [...]

NVMDurance Ltd., with its approach to extending the endurance of flash devices and enabling 3D NAND, has announced that patent number 9,569,120 developed by Joe Sullivan and Conor Ryan, both of Limerick, Ireland, has been granted in the USA for Adaptive Flash Tuning.

This patent covers company’s Pathfinder and Navigator software, which discover optimal flash trim sets for the target application and implement a set of optimization techniques that constantly monitor the NAND flash health and autonomically adjusts the operating parameters in real time.

by Zsolt Kerekes, editor - StorageSearch.com - May 23, 2016 On a handful of occasions in more than 20 years writing about the SSD market I've spoken to companies which I known instinctively would change the way that the whole… [...]

by Zsolt Kerekes, editor – StorageSearch.com – May 23, 2016

On a handful of occasions in more than 20 years writing about the SSD market I’ve spoken to companies which I known instinctively would change the way that the whole market thinks about itself. NVMdurance is one of those companies.

While we have seen many companies in the past 5 years telling us about the different ways in which their technologies can leverage the mysterious elasticity of flash endurance in an SSD controller context – most of those have leveraged combinations of techniques such as adaptive R/W pulse modication, DSP ECC, and big controller application or array awareness which become so closely tied to a particular product line or application space that the benefits derived from each element in the mix cannot be easily or quickly extracted and migrated to other applications.

New CEO brings expertise in energy-related and cleantech industries. DENVER, CO (June 18, 2015): Novinda Corporation, a provider of non-carbon mercury emission control solutions, today announced that Michael J. Rosenberg has joined the company as CEO. Rosenberg has an exceptionally… [...]

New CEO brings expertise in energy-related and cleantech industries.

DENVER, CO (June 18, 2015): Novinda Corporation, a provider of non-carbon mercury emission control solutions, today announced that Michael J. Rosenberg has joined the company as CEO. Rosenberg has an exceptionally strong background in energy-related and cleantech industries, including work in bio technology, fuel cells and clean coal technology.

His 25-year career encompasses national and international experience with public and private companies in the alternative energy, environmental, chemical and oil/gas industries. His areas of expertise include business development, corporate strategy, finance, mergers and acquisitions, and capital markets.

Non-Volatile memory on the shop floor By: Charlie Demerjian, SemiAccurate Every time SemiAccurate talks about Everspin’s MRAM, a lot of people ask about what it can be found in. Today we can add another name to the list that is… [...]

Every time SemiAccurate talks about Everspin’s MRAM, a lot of people ask about what it can be found in. Today we can add another name to the list that is slightly out of our normal area of coverage, industrial programmable logic controllers (PLCs) from Koyo.

Everspin Technologies, Inc., the world's leading developer and manufacturer of discrete and embedded MRAM, and Koyo Electronics Industries, a leading manufacturer of highly reliable factory automation systems and automotive parts, today announced that Everspin’s MRAM is now designed into Koyo… [...]

Everspin Technologies, Inc., the world’s leading developer and manufacturer of discrete and embedded MRAM, and Koyo Electronics Industries, a leading manufacturer of highly reliable factory automation systems and automotive parts, today announced that Everspin’s MRAM is now designed into Koyo Electronics Industries’ new Direct Logic 205 (DL205) Series Programmable Logic Controllers (PLCs).

New Venture Partners

Thomas M. Uhlman, Founder and Managing Partner, New Venture Partners LLC, has joined the Council on Competitiveness as Senior Fellow.

“Tom’s deep knowledge of the tech sector and venture capital strategy will enhance our ability to assess the complex issues surrounding growth and productivity across all the areas we monitor,” said Deborah L. Wince-Smith, president and CEO, Council on Competitiveness.

Uhlman brings a wealth of knowledge and background with technology start-ups to the Council, whose mission of increasing productivity and growing the economy has emerged as a major issue in 2017. Uhlman is already familiar with that mission.

Is the industry on the verge of providing investors with monthly reporting? It’s a scary question
for CFOs, who struggle enough as it is to deliver valuation statements on a semiannual or
even quarterly basis. But forces outside of GPs’ control may prompt institutional investors
to demand timelier, more rigorous reporting. Questions surround whether this is ultimately
good for the industry, and if so, how firms’ finance teams could possibly cope with a heavier
workload. To find out, pfm assembled a roundtable of private fund CFOs, auditors and
valuation specialists to assess the situation and discuss what other valuation best practices a
firm could utilize to save time and expense, and above all, to satisfy information-hungry LPs.

Enter New Venture Partners. The firm, a specialist in corporate spinouts, spent months negotiating complicated agreements that would allow it to pluck out 50 people, a manufacturing line and an intellectual property portfolio of more than 200 patents from Freescale. Ultimately, New Venture Partners put together a syndicate that invested $20 million in Series A financing, and the new start-up, EverSpin Technologies Inc., launched in June.